3901 S Glendale Ave Sioux Falls, SD 57105
Southwest Sioux Falls NeighborhoodEstimated payment $3,718/month
About This Home
Fully leased 6-plex with a strong rental history and excellent potential for future rent growth. This well-performing investment property offers steady occupancy supported by on-site coin-operated laundry, detached garages, and ample parking. Tenants enjoy convenient amenities, while owners benefit from consistent cash flow and low vacancy. There is also an opportunity to increase income by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). Whether you’re expanding your portfolio or entering the multifamily market, this property presents a solid, value-add opportunity. Don’t miss out—contact us today for more details and to schedule your private showing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,448
Year Built
- Built in 1975
Lot Details
- 15,317 Sq Ft Lot
- Lot Dimensions are 118x130
Interior Spaces
- 6,568 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
Flooring
- Carpet
- Vinyl
Schools
- Laura Wilder Elementary School
- Edison Middle School
- Roosevelt High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 6 Units
- County Auditor Subd Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,448 | $418,600 | $66,900 | $351,700 |
| 2023 | $7,174 | $88,500 | $66,900 | $21,600 |
| 2022 | $6,766 | $358,100 | $46,000 | $312,100 |
| 2021 | $6,794 | $346,400 | $0 | $0 |
| 2020 | $6,794 | $347,400 | $0 | $0 |
| 2019 | $5,651 | $280,667 | $0 | $0 |
| 2018 | $5,166 | $269,392 | $0 | $0 |
| 2017 | $5,218 | $256,448 | $43,902 | $212,546 |
| 2016 | $5,218 | $256,448 | $43,902 | $212,546 |
| 2015 | $5,433 | $253,521 | $40,975 | $212,546 |
| 2014 | $5,473 | $253,521 | $40,975 | $212,546 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $600,000 | -- | $91 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22600772
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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Ask me questions while you tour the home.